The following journal entry would be made in a process costing system when units that have been completed with respect to the work done in the final processing department are transferred to the finished goods warehouse:

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In a process costing system, units that are complete with respect to the work done in the final processing department are transferred to the finished goods warehouse. This transfer is typically recorded with a journal entry debiting Finished Goods Inventory and crediting Work in Process Inventory.

The Following Journal Entry Would Be Made in a Process